Federal fund returned are distributed to the programs as follows:
Unsubsidized Federal Direct Stafford Loans
Subsidized Federal Direct Stafford Loans
Federal Direct PLUS Loans
Federal Perkins Loans
Federal Pell Grants
Federal Supplemental Educational Opportunity Grants (FSEOG)
Other Student Financial Aid Programs
Other federal, state, private, or institutional sources of aid
For students receiving state or University tuition assistance or paying in full by cash or check, after schedules are entered into the Student Information System, account summaries may be obtained from the Cashier (located in the 3rd floor lobby, Academic Services Building), or the account summary will be available via the Web the following business day.
Refunds are calculated according to the following schedule for those students not receiving Title IV financial aid and withdraw from the University.
Account summaries will be posted online the day after schedules are entered into the Student Information System.
100% refundable - Prior to the first day of classes ending August 22, 2008
75% refundable – August 23 – 29, 2008
50% refundable – August 30 – September 5, 2008
25% refundable – September 6 – 12, 2008
0% refundable – After September 12, 2008
Refund Period – Spring 2009
100% refundable - Prior to the first day of classes ending January 16, 2009
75% refundable – January 17 – 23, 2009
50% refundable – January 24 – 30, 2009
25% refundable – January 31 – February 6, 2009
0% refundable – After February 6, 2009
Refund Period – Summer 2009
100% refundable - Prior to the first day of classes ending June 3, 2009
75% refundable – June 4 – 5, 2009
50% refundable – June 6 - 9, 2009
25% refundable – June 10 – 12, 2009
0% refundable – After June 12, 2009
Funds are usually applied to the students account after the 12th day of classes. Residual checks are deposited to the students Paycard or mailed to the local address within 14 days of the date the credit occurred.
Questions regarding status as an in-state or out-of-state students should be directed to the Admission Office (ASB 312).
Questions about Financial Aid credit appearing on the student’s bill (Account Summary) should be directed to the Financial Aid Office.
Charges for the student to live on-campus and meal plans will be reflected on the student’s bill (Account Summary). If applicable room and board charges do not appear on your account summary, contact the Office of Residence Life.
To expedite payment and prevent any possible delays, please have any materials related to the following areas available (if applicable):
Registration (class schedule, add/drops).
Housing/Cafeteria.
Payment plan information (see below).
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